Novosti i prognoe: tržište kapitala od 15-06-2017

Major US stock indices closed in the negative area on Thursday, as investors worried about the market's overvaluation and analyzed mixed data.

As it became known, the number of Americans applying for unemployment benefits fell more than expected last week, indicating a reduction in the labor market deficit, which could allow the Fed to raise interest rates again this year, despite a moderate increase in inflation. Initial applications for state unemployment benefits fell by 8,000 to 237,000, taking into account seasonal fluctuations for the week to June 10, the Ministry of Labor said.

In addition, according to research published by the Federal Reserve Bank of New York, the region's production index increased significantly in June, exceeding the average forecasts. According to the data, the production index in the current month increased to +19.8 s -1.0 in May. Economists had expected the index to rise only to +4.0.

At the same time, the total prices for foreign goods sent to the US fell more than expected in May, becoming another sign of inflation insecurity. Import prices fell by 0.3% in May compared to the previous month, the sharpest decline since February 2016, the Ministry of Labor said. Economists had expected a decline of 0.1%. Unlike many economic indicators, import prices are not adjusted to smooth seasonal fluctuations.

Industrial production remained unchanged in May after the largest increase in seven years was registered in April, the Federal Reserve said in a statement. Economists had expected growth of 0.2%. Meanwhile, the April value was revised to 1.1% from 1%. The production rollback in May was due to a decline in the manufacturing industry - by 0.4% after a 1.1% increase in April. This was the second decline in the last three months.

It is also worth noting that confidence among American stewards unexpectedly worsened in June, according to a report by the National Association of Housing Builders. The data showed that the housing market index fell to 67 points from 69 points in May (revised from 70 points). It was expected that the index will reach 70.

Most components of the DOW index closed in the red (18 out of 30). Most fell shares of NIKE, Inc. (NKE, -3.22%). The leader of growth was the shares of The Boeing Company (BA, + 1.55%).

Most sectors of the S & P index showed a decline. Most fell the sector of main materials (-1.4%). The leader of growth was the utilities sector (+ 0.3%).

At closing:

DJIA -0.07% 21,359.69 -14.87

Nasdaq -0.47% 6,165 .50 -29.39

S & P -0.22% 2.432.49 -5.43

U.S. stock-index futures fell as a selloff in technology stocks seemed resuming on worries of stretched valuations, while investors digested yesterday's rate hike and the accompanying policy statement, and several fresh economic reports, including initial claims and industrial production.

Stocks:

Nikkei 19,831.82 -51.70 -0.26%

Hang Seng 25,565.34 -310.56 -1.20%

Shanghai 3,132.67 +1.99 +0.06%

S&P/ASX 5,763.19 -70.71 -1.21%

FTSE 7,390.26 -84.14 -1.13%

CAC 5,181.57 -61.72 -1.18%

DAX 12,639.70 -166.25 -1.30%

Crude $44.55 (-0.40%)

Gold $1,254.00 (-1.72%)

(company / ticker / price / change ($/%) / volume)

Barrick Gold (ABX) resumed with a Market Perform at Raymond James

Alphabet A (GOOGL) downgraded to Hold from Buy at Canaccord Genuity

Yandex N.V.(YNDX) upgraded to Buy from Hold at VTB Capital

European stocks gained ground Wednesday, with tech shares still clawing back losses logged earlier in the week, as investors waited for confirmation from the Federal Reserve that the U.S. economy is strong enough for another interest-rate rise.

The Dow industrials closed Wednesday at a record for a second straight session but other benchmarks finished lower as the Federal Reserve hiked the fed-funds futures rate after its two-day policy meeting, as expected, and indicated that it would reduce its $4.5 trillion balance sheet "this year."

Asia-Pacific stocks were lower as investors took profits, after a muted reaction in U.S. markets to the Federal Reserve's rate rise and plan to start shrinking its balance sheet. Following earlier gains, stocks in Australia, Hong Kong and South Korea were down nearly 1% in Thursday morning trading.